The VRIO analysis of Colgate Palmolive Co The Precision Toothbrush Company is a broad variety analysis supplying the company with a possibility to acquire a feasible competitive benefit against its rivals in the food and drink market, summed up in Exhibit I.
Valuable
The resources used by the Colgate Palmolive Co The Precision Toothbrush company are valuable for the business or not. Such as the resources like finance, human resources, management of operations and experts in marketing. This are some of the essential important elements of for the identification of competitive benefit.
Rare
The important resources used by Colgate Palmolive Co The Precision Toothbrush are even uncommon or pricey. If these resources are frequently found that it would be much easier for the rivals and the new rivals in the industry to easily relocate competition.
Imitation
The imitation procedure is costly for the rivals of Colgate Palmolive Co The Precision Toothbrush Business. It can be done just in two different methods i.e. product duplication which is produced and manufactured by Colgate Palmolive Co The Precision Toothbrush Company and introducing of the replacement of the items with changing expense. This increases the risk of interruption to the recent structure of the market.
Organization
This component of VRIO analysis deals with the compatibility of the company to place in the market making efficient usage of its important resources which are hard to imitate. Frequently, the development of management is completely depending on the firm's execution strategy and team. Therefore, this polishes the skills of the company by time based on the decisions made by firm for the progression of its tactical capitals.
Exhibit I: VRIO Analysis
